PDD Holdings (PDD) Intangibles (2018 - 2026)
PDD Holdings (PDD) recorded Intangibles of $2 million in the quarter ended Jun 30, 2026, down 17.2% from $2.42 million a year earlier and unchanged from the prior quarter.
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Analysis
PDD Holdings (PDD) Intangibles (2018 - 2026) Analysis & Trends
As of Dec 31, 2025, PDD Holdings reported Intangibles of $2.2 million, down 16.2% from the prior year.
- Annual Intangibles has declined for seven straight years, with a five-year compound annual growth rate of -59.2% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Intangibles came in at $2.63 million in the year ended Dec 31, 2024 (-11.8%), $2.98 million in the year ended Dec 31, 2023 (-84.2%), $18.87 million in the year ended Dec 31, 2022 (-81.4%) and $101.67 million in the year ended Dec 31, 2021 (-48.0%).
- Quarterly Intangibles has ranged from $2 million in the quarter ended Mar 31, 2026 to $2.9 billion in the quarter ended Jun 30, 2024 over the past five years.
- On a year-over-year basis, Intangibles has declined for eight consecutive quarters, with an average decline of 26.2% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 4.6% (the quarter ended Sep 30, 2024) to 99.9% (the quarter ended Jun 30, 2025).
- Per Business Quant, the preceding three quarters came in at $2 million (quarter ended Mar 31, 2026), $2.11 million (quarter ended Dec 31, 2025) and $2.3 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,394.62 Bn | 3,078.49 Bn | - | 8.82 Bn |
| 2 | Meta Platforms | 1,562.01 Bn | 1,562.01 Bn | - | - |
| 3 | Netflix | 255.92 Bn | 217.22 Bn | 6.80 Bn | - |
| 4 | Alibaba Group Holding | 227.02 Bn | 40.65 Bn | 15.16 Bn | 2.46 Bn |
| 5 | Shopify | 203.21 Bn | 180.40 Bn | 1.71 Bn | 27.00 Mn |
| 6 | Uber Technologies | 132.34 Bn | 104.14 Bn | 6.38 Bn | 1.13 Bn |
| 7 | Spotify Technology | 121.64 Bn | 78.55 Bn | 1.89 Bn | 34.02 Mn |
| 8 | Booking Holdings | 113.63 Bn | 46.68 Bn | - | 852.00 Mn |
| 9 | PDD Holdings | 109.85 Bn | -134.20 Bn | 9.48 Bn | 2.00 Mn |
| 10 | Airbnb | 97.28 Bn | 50.51 Bn | 2.98 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 2.20 Mn |
| Sep 30, 2025 | 2.30 Mn |
| Jun 30, 2025 | 2.42 Mn |
| Mar 31, 2025 | 2.51 Mn |
| Dec 31, 2024 | 2.63 Mn |
| Sep 30, 2024 | 2.86 Mn |
| Jun 30, 2024 | 2.90 Bn |
| Mar 31, 2024 | 3.05 Mn |
| Dec 31, 2023 | 2.98 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 3.12 Mn |
| Mar 31, 2023 | 3.41 Mn |
| Dec 31, 2022 | 19.24 Mn |
| Sep 30, 2022 | 41.87 Mn |
| Jun 30, 2022 | 65.07 Mn |
| Mar 31, 2022 | 87.83 Mn |
| Dec 31, 2021 | 110.05 Mn |
| Sep 30, 2021 | 133.57 Mn |
API Access
PDD Holdings Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=PDD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "PDD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=PDD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();